Slowmist余弦 Questions Certain CEX Requiring Users to Input Plain Text Seed Phrases Page: Baffling

Gate News reports that on March 19, SlowMist founder Yu Xian posted on X platform expressing confusion over a certain CEX asking users to input their plaintext seed phrases for asset recovery. Yu Xian said such unsafe behavior is baffling, and he almost thought the subdomain had been hacked.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Circle Stock Falls After $280M Drift Protocol Hack Lawsuit Filed

Circle Internet Group's stock fell 1% after a class action lawsuit alleged it failed to prevent $230 million in stolen USDC during the Drift Protocol exploit. The lawsuit questions Circle's ability to halt the attackers' transactions, raising issues of responsibility for stablecoin issuers in breach scenarios.

GateNews19m ago

Ethereum Foundation Uncovers 100 North Korean Operatives Infiltrating Web3 Companies

The Ethereum Foundation's ETH Rangers Program revealed a major security threat from North Korean operatives infiltrating Web3 companies. The investigation uncovered about 100 operatives, flagged 53 projects, and recovered over $5.8 million. The foundation urges improved hiring processes and global cooperation for enhanced security.

GateNews1h ago

James Wynn Memecoin Presale Raises Just $8,000 Amid Scam Allegations

James Wynn launched a memecoin presale, $ASSDAQ, on Solana, raising just $8,000 in ten hours, attracting criticism over past scam allegations. Despite Wynn's claims of trading success, market reluctance signals skepticism about his new project.

GateNews1h ago

CoW Swap Halts Protocol After Website Compromise - Coinspeaker

CoW Swap, the Ethereum-based decentralized exchange aggregator, paused its protocol on April 14, 2026, after attackers seized control of its website domain and redirected users to a malicious site engineered to harvest wallet approvals, with cybersecurity researcher Vladimir S. estimating

Coinspeaker2h ago

Bitcoin's Quantum Defense Plan BIP-361 Draws Criticism Over 1.7M BTC Recovery Gap

Bitcoin developers are working on BIP-361 to protect against quantum computing threats by migrating funds to safer formats, potentially freezing 1.7 million BTC. Charles Hoskinson critiques the plan, arguing it may lead to permanent freezing of vulnerable coins. The debate highlights tensions in adapting Bitcoin's protocols.

GateNews3h ago
Comment
0/400
No comments